Why is Metro Brands falling/rising?

As of 23-Sep, Metro Brands Ltd is currently priced at 1,276.10, reflecting a decrease of 7.8 points or 0.61%. The stock has been experiencing a decline, having fallen consecutively for the last two days, resulting in a total return of -2.83% during this period. Despite this recent downturn, the stock has shown a positive performance over the past month with a return of +10.12%. However, it is noteworthy that the delivery volume has significantly decreased by 56.2% compared to the 5-day average, indicating falling investor participation. The company maintains a strong position with a high return on capital employed (ROCE) of 23.72% and a low debt to EBITDA ratio of 0.52 times, which suggests good management efficiency and the ability to service its debt effectively.
In the broader market context, Metro Brands has underperformed compared to the Sensex over the past week, with a return of -1.66% against the benchmark's -0.34%. However, on a year-to-date basis, the stock has outperformed the Sensex, with returns of +5.46% compared to the benchmark's +5.07%. Despite being the largest company in its sector, constituting 27.85% of the entire sector, the recent price decline may reflect short-term market sentiment rather than fundamental weaknesses, as the company continues to show strong operational metrics.